EasyJet and Apollo push back deadline for sending acquisition details to shareholders

EasyJet has announced a delay in providing shareholder documentation related to its proposed acquisition by Apollo Management, citing the need for “constructive engagement” with aviation regulators. The revised timeline will allow additional time for discussions with regulatory bodies regarding the potential transaction. Both EasyJet and Apollo Management remain optimistic about completing the acquisition process. This postponement reflects a proactive approach aimed at ensuring full compliance and addressing any concerns raised by authorities. Regulators are currently reviewing the details of the proposed deal as part of standard procedures.